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Bitcoin News Roundup for Oct. 1, 2020

With BTC looking for a breakout and more casualties in the aftermath of 2017s ICO boom, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Updated Sep 14, 2021, 10:03 a.m. Published Oct 1, 2020, 4:00 p.m.
Markets Daily Front Page Adam Lyllah

With BTC looking for a breakout and more casualties in the aftermath of 2017s ICO boom, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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This episode is sponsored by Crypto.comNexo.io and Elliptic.co.

Today's stories:

Bitcoin Posts Biggest Monthly Price Loss Since March

Bitcoin faced selling pressure in September as the U.S. dollar rose against major currencies for the first time in six months.

Diginex Stock Goes Live on Nasdaq Following $50M in SPAC and Private Funding

Diginex has become the first crypto exchange operator to be traded on Nasdaq, listing under the EQOS ticker symbol.

Judge Rules Kik's Token Sale Violated US Securities Law

A federal judge has ruled Kik's 2017, $100 million token sale violated U.S. securities law, and wants to see a proposal for refunds.

SEC Orders Salt Lending to Offer Refunds to Investors in Its $47M ICO

The U.S. Securities and Exchange Commission has confirmed it is taking action against SALT Lending after ruling the company's $47 million initial coin offering was an illegal securities issuance.

For early access before our regular noon Eastern time releases , subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

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Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

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BlackRock Files for Staked Ethereum ETF

The BlackRock company logo is seen outside of its NYC headquarters. (Photo by Michael M. Santiago/Getty Images)

The iShares Ethereum Staking Trust marks a bold push into on-chain yield exposure, as the SEC's tone has shifted under new leadership.

What to know:

  • BlackRock has officially filed for a staked Ethereum ETF, marking its first formal move toward SEC approval.
  • The filing reflects a shift in SEC policy under new Chair Paul Atkins after earlier pushback on staking features.
  • BlackRock’s existing Ethereum fund holds $11B in ETH, but the new ETF would offer separate staking exposure.